WEBVTT REPORTER: THE IDEA IN FRONT OFTHE CITY COUCIL IS TO PUT A180-DAY MORATORIUM ON CERTAINMUNJOY HILL DEMOLITION PROJECTS.ANY PLANS TO TEAR DOWN MORE THAN50% OF A BUILDING'S EXTERIOR ORFRONT FACADE WOULD BE AFFECTED.CITY COUNCILOR BELINDA RAY ISBEHIND THE PROPOSAL.SHE SAYS THE RAPID DEVELOPMENTON THE HILL HAS CREATED THE NEEDFOR THIS MORATORIUM.>> WHAT THIS WILL DO IS IT WILLGIVE US A CHANCE TO PAUSE ANDLOOK AT THE ZONING THAT WE HAVEON THE HILL AND MAKE SURE THATWE HAVE THE ZONING THAT WE WANTIN PLACE IN PLACREPORTER: COUNCILOR RAY SAYSMOST MUNJOY HILL CONSTRUCTIONPROJECTS WOULD NOT BE AFFECTEDBY THE POTENTIAL MORATORIUM.DEVELOPERS ARE CONCERNED ABOUTTHE CITY THROWING A WRENCH INTOTHE GEARS OF PRICEY PROJECTS.BRIT VITALIUS IS THE FOUNDER OFVITALIUS REAL ESTATE GROUP.HE SAYS INSTITUTING A MORATORIUMIS A SEVERE STEP.>> THIS IS GOING TO HAVE ANIMPACT.ANY TIME YOU DO A MORATORIUM,IT'S GOING TO HAVE AN IMPACT.IT'S GOING TO AFFECT THE WAYDEVELOPERS LOOK AT THESE THINGS,AND I'VE CERTAINLY TALKED TOSOME PEOPLE WHO HAVE THEPROJECTS IN THE PIPELINE THATARE GOING TO BE STUCK FROM THIS.REPORTER: MEMBERS OF THE PUBLICWILL BE INVITED TO WEIGH IN ONTHIS ISSUE AT THE NEXT CITYCOUNCIL MEETING TWO WEEKS FROMTODAY.IN PORTLAND, PAUL MERRILL, WMTW